Toronto Dominion Bank Has $432,000 Stake in SAP SE (NYSE:SAP)

Toronto Dominion Bank lifted its stake in shares of SAP SE (NYSE:SAP - Free Report) by 149.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,758 shares of the software maker's stock after purchasing an additional 1,052 shares during the quarter. Toronto Dominion Bank's holdings in SAP were worth $432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SAP. Snowden Capital Advisors LLC raised its position in SAP by 185.1% in the fourth quarter. Snowden Capital Advisors LLC now owns 10,311 shares of the software maker's stock valued at $2,539,000 after purchasing an additional 6,695 shares during the last quarter. Silvercrest Asset Management Group LLC increased its stake in shares of SAP by 1.3% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 37,272 shares of the software maker's stock valued at $9,177,000 after buying an additional 471 shares during the period. Royal Bank of Canada raised its holdings in SAP by 4.9% in the 4th quarter. Royal Bank of Canada now owns 758,241 shares of the software maker's stock valued at $186,688,000 after buying an additional 35,721 shares during the last quarter. Rafferty Asset Management LLC acquired a new stake in SAP during the 4th quarter worth approximately $310,000. Finally, Raiffeisen Bank International AG acquired a new stake in SAP during the 4th quarter worth approximately $153,000.

Analyst Ratings Changes

SAP has been the subject of several recent research reports. JMP Securities restated a "market outperform" rating and issued a $330.00 price target on shares of SAP in a research report on Friday, May 23rd. BMO Capital Markets increased their price objective on SAP from $320.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Argus reaffirmed a "buy" rating and set a $320.00 target price on shares of SAP in a research report on Tuesday, April 29th. Barclays reaffirmed an "overweight" rating and set a $308.00 target price (up from $286.00) on shares of SAP in a report on Thursday, April 24th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $38.00 price target on shares of SAP in a research note on Thursday, January 30th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $271.83.

SAP Trading Up 1.6%

Shares of SAP stock traded up $4.71 on Friday, hitting $301.64. 439,080 shares of the company's stock traded hands, compared to its average volume of 1,055,710. The company has a market capitalization of $370.57 billion, a price-to-earnings ratio of 105.24, a price-to-earnings-growth ratio of 4.71 and a beta of 1.35. The company has a fifty day moving average of $277.53 and a two-hundred day moving average of $266.85. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. SAP SE has a one year low of $179.43 and a one year high of $304.43.

SAP (NYSE:SAP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, topping the consensus estimate of $1.39 by $0.12. The company had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $9.08 billion. SAP had a net margin of 9.17% and a return on equity of 12.18%. As a group, sell-side analysts expect that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th were given a dividend of $2.5423 per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 13th. This is a boost from SAP's previous annual dividend of $2.39. SAP's dividend payout ratio is 35.25%.

SAP Company Profile

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.